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ObamaCare in Trouble?
Exchange provision delayed, as
lawmakers push to repeal another
By Jim Angle
April
03, 2013
Parts
of ObamaCare are starting to
fray, even before full implementation.
The
Obama administration now says a
special system of exchanges designed to make it easier for small
businesses to
provide insurance will be delayed an entire year -- to 2015.
"Lots
of small businesses
struggle with providing insurance for their workers so this was
supposed to
facilitate it and make it easier for small business to do this," said
Jim
Capretta of the Ethics and Public Policy Center. "It was a huge portion
of
the sale job. When they passed the law in 2010 there were many senators
and
members of Congress who were saying 'I am doing this because it's going
to help
small businesses.'"
The
exchanges were designed to give
workers a range of choices supported by dollars from their employers.
But now
they will have only one choice until 2015, which could mean they can't
shop for
insurance that includes their current providers. Capretta said the
administration is "way" behind schedule.
Since
insurance is more expensive
for small businesses, many of which have no obligation under the law to
provide
coverage, analysts now fear many might just stop trying and let workers
go on
the soon-to-be-launched state exchanges.
Sara
Teppema of the Society of
Actuaries -- which did an exhaustive study of ObamaCare -- said that
"even
if it's just a small change of people who are leaving the
employment-based
insurance and coming into the individual insurance market, their costs
and
their numbers will overwhelm those who are currently uninsured."
That
means costs would increase…
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